ShipRecycling Pages:

08 November 2016

Pakistan’s ship breaking industry handles half of global oil vessels

KARACHI:
Pakistan’s ship breaking industry demolished almost half of the global
scrapped oil vessels during the last year, putting the country on the map of
the world’s leading ship breakers, a United Nations body said on Monday.

In 2015, gross 1.169 million tons of scrapped
oil vessels were sold for demolition around the world, said the United Nations
Conference on Trade and Development (UNCTAD), in its annual ‘Review of Maritime
Transport 2016’. Of that, 540,000 tons of such vessels were moved to Pakistan
for breaking.

Last week, an accident killed at least 17
people in a blast in a scrap oil vessel at the country’s biggest shipping yard
in Gawain.

The review recorded 23 million tons of vessels
– including oil and chemical tankers, bulk and gas carriers, offshore and
ferries, container and passenger ships – sold for demolition around the world
during the last year. “Most
demolitions take place in Asia; four countries – Bangladesh, India, Pakistan
and China – accounted for 95 percent of ship scrapping gross tonnage in 2015,”
it said. “Pakistan had the highest share of oil tankers, India of container
ships and Bangladesh of offshore.”

While developed countries account for 60
percent of global vessel ownerships, the share of developing countries is also
increasing.

“The leading ship-owners among developing
countries are in Asia, led by China and Singapore,” the report said. The
largest ship owning countries in South Asia are in India, Bangladesh and
Pakistan.

The UNCTAD advised the governments to
identify and invest in maritime sectors in which their countries may have a
comparative advantage.

“Supporting the maritime sector is no longer
a policy choice. Rather, the challenge is to identify and support selected
maritime businesses,” it said. “Policymakers need to carefully assess the
competitive environment for each maritime subsector they wish to develop, and
to consider the value-added of a sector for the state economy, including possible
synergies and spillover effects into other sectors – maritime and beyond.”

The UN body said countries also differ with
regard to the proportion of officers and ratings that work on board ships.